LONDON (Alliance News) - Nektan PLC on Tuesday said it has issued 885,818 new shares after GBP300,500 worth of its 2020 loan notes were converted at a price of 34.375 pence each.
Nektan said the conversion was in relation to its series A fixed rate secured loan notes due in 2020, and the shares should be admitted on Friday.
Nektan shares were up 7.3% on Tuesday at 61.15 pence.
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